New home owners have probably spent sleepless nights wondering what they will do if and when the real estate bust catches up with them.

Their fears could be real or imaginary depending on the financial strategies they had put in place before the recession.

The latest news on the housing bubble is not very encouraging.

In fact, the latest report showed that house prices in 2008 fell by a whopping 13.8%.

This is very bad news for existing homeowners especially if they are looking to sell their house now.

California is one of the worst hit states with home prices in Stockton as low as $125,000.

The housing recession of 2009 is one of the major problems facing our country this year.

This housing recession has created huge profits for the Central Banks and the Federal Reserve mainly because in the last few years no other investment has been as lucrative as real estate.

Since 2001, the home mortgage rates were artificially low and this contributed to the housing bubble.

The housing bubble in the U.S. was an accident waiting to happen.

An economic bubble is defined as a period of time in which a product is sold or traded for a much higher value than the fundamental value that is attributed to it.

Such had happened previously in the stock market as well as with the dot com industry.

The housing bubble trouble can be considered an indicator of the future of the nation’s economy.

It stands to reason when reviewing the current state of the housing industry that American have been spending more then what they are bringing in.

Much of the economic growth since 2001 can be attributed to the housing industry.

While it isn't a house of cards, there are those who feel that the housing collapse in the United States is serious, with dire consequences for the lenders and borrowers alike.

As many in the government and in the media have pointed out, the blame is not easy to place.

The housing depression is symbolic of the state of the economy.

An economic depression is defined as a severe economic downturn that lasts for several years.

During the Great Depression the GDP dropped at rates never before experienced seeing the number fall in 1930 by almost 9 percent, by 6.4 percent the following year and a whopping 13 percent in 1932.

The housing forecast shows there may be tough times ahead.

The only problem with experiencing such a strong increase as the housing industry did from 2001 to 2006 is that eventually all good things must come to an end and the bottom must fall out once again.

In 2006 the housing industry finally began to show signs of serious decline.

Industries rise and fall all the time; it’s the nature of the economic process.

Housing issues have some experts believing harder economic times are ahead.

Problems with the housing industry have already led to the federal government having to bailout the mortgage and lending industry.

Just like with the Great Depression, industry experts tried to tell us that there was nothing to worry about.

The bursting bubble in housing has had a much broader reach than even the doomsday crowd had anticipated.

While the run up in housing prices served as a rising tide that lifted ships across industries and regions, no one seemed to make the connection that this same tide could flow the other way as well.